Starr Company reports the following information for August. Raw materials purchased on account $ 76,200 Direct materials used in production $ 48,000 Factory wages earned (direct labor) $ 15,350 Overhead rate 120 % of direct labor cost Prepare journal entries to record the following events. 1. Raw materials purchased. 2. Direct materials used in production. 3. Direct labor used in production. 4. Applied overhead.
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Business, 21.06.2019 14:20
Gemini inc.'s optimal cash transfer amount, using the baumol model, is $60,000. the firm's fixed cost per cash transfer of marketable securities to cash is $180, and the total cash needed for transactions annually is $960,000. on what opportunity cost of holding cash was this analysis based?
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Business, 22.06.2019 06:00
According to herman, one of the differences of managing a nonprofit versus a for-profit corporation is
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Business, 22.06.2019 06:30
73. calculate the weighted average cost of capital (wacc) based on the following information: the equity multiplier is 1.66; the interest rate on debt is 13%; the required return to equity holders is 22%; and the tax rate is 35%. (a) 15.6% (b) 16.0% (c) 15.0% (d) 16.6% (e) none of the above
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Business, 22.06.2019 21:00
In a transportation minimization problem, the negative improvement index associated with a cell indicates that reallocating units to that cell would lower costs.truefalse
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Starr Company reports the following information for August. Raw materials purchased on account $ 76,...
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